Automated Cash Application Software
Eliminate delays in cash posting with AI-powered automation
OpenEnvoy's automated cash solution streamlines remittance matching, invoice reconciliation, and cash posting-no portals, templates, or human intervention required. Built for high-volume AR teams looking to accelerate cash flow and reduce manual workload.
See cash application automation software in action
How does automated cash application software work?
How does automatic remittance capture streamline operations?
OpenEnvoy captures remittance details from PDFs, emails, and lockbox files-feeding structured data into your ERP instantly using automated payment reconciliation.
How are payments reconciled without rules or templates?
AI auto-matches incoming payments to open invoices across formats, channels, and incomplete data scenarios-with 90%+ accuracy. It works as a complete payment reconciliation software that eliminates the need for templates or portals.
How does full automation improve financial control?
By resolving exceptions in real-time, finance teams avoid backlog, speed up reporting, and gain 360° cash visibility through automated cash application.
What results can finance leaders expect from automated cash?
Metric
Customer success data
90%+ auto-match rate
Schreiber Foods automated remittance matching at scale
$2.5M in unapplied cash cleared
Global CPG brand reconciled payments in 48 hours
70% faster month-end close
Logistics company accelerated AR processes without added headcount
How does automation drive
cash visibility and accuracy?
Metric
Customer success data
Real-time reconciliation
Instant updates improve cash forecasting
Lower DSO
Reduced by 60% for enterprise clients
Full audit trail
Every match and exception logged automatically
How does OpenEnvoy compare
to manual and rule-based AR tools?
Feature
Manual Process
Rule-Based AR Software
OpenEnvoy
Remittance capture
Email inbox and manual
Portal/formatted upload
Autonomous ingestion from any format
Payment reconciliation
Spreadsheet match
Rules engine + template logic
AI-driven match with no pre-defined templates
Audit traceability
Paper trail + attachments
Basic audit logs
Automated audit-ready logs and reporting
ERP integration
Manual posting to ERP
Flat-file transfers
Real-time ERP updates without custom code
What AR challenges
does OpenEnvoy solve with automated cash?
Issue
Problem
Solution
Delayed cash posting
Manual remittance review slows down revenue recognition
AI extracts and applies payments instantly
High cost to collect
Staff time spent chasing short-pays and mismatches
Autonomous matching eliminates human review for most transactions
Siloed AR and ERP workflows
Legacy systems create blind spots in reconciliation
OpenEnvoy integrates directly with ERP for live status and faster close
customers:
FAQs cash application automated software
It’s a solution that uses AI to match payments to invoices and post cash without human involvement, enabling faster revenue recognition and fewer errors.
Yes. Our system processes unstructured remittance data across email, PDFs, and lockboxes-no formatting needed.
We deliver full automation from remittance to reconciliation to ERP posting-not just partial matching or rule engines. It functions as both a cash application software and an end-to-end payment reconciliation software.
Most customers go live within 30 days, with no IT development and zero supplier onboarding.
Still reconciling remittance data manually?
